Vanguard Total Bond Market ETF (NASDAQ:BND) Position Increased by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 18.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 425,403 shares of the company’s stock after buying an additional 65,968 shares during the period. Vanguard Total Bond Market ETF accounts for about 3.0% of Transamerica Financial Advisors Inc.’s portfolio, making the stock its 4th largest position. Transamerica Financial Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $30,591,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BND. Bank of Montreal Can boosted its holdings in shares of Vanguard Total Bond Market ETF by 12.8% in the 3rd quarter. Bank of Montreal Can now owns 158,084 shares of the company’s stock valued at $11,901,000 after purchasing an additional 17,987 shares during the last quarter. FMR LLC lifted its stake in Vanguard Total Bond Market ETF by 41.2% in the third quarter. FMR LLC now owns 286,969 shares of the company’s stock valued at $21,554,000 after buying an additional 83,736 shares during the last quarter. Financial Counselors Inc. grew its holdings in Vanguard Total Bond Market ETF by 135.0% in the 3rd quarter. Financial Counselors Inc. now owns 27,091 shares of the company’s stock worth $2,035,000 after buying an additional 15,562 shares in the last quarter. Icon Wealth Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 55.1% during the 3rd quarter. Icon Wealth Advisors LLC now owns 4,186 shares of the company’s stock worth $314,000 after buying an additional 1,487 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in Vanguard Total Bond Market ETF during the third quarter valued at about $1,134,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.32 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The business’s 50-day moving average price is $72.75 and its 200 day moving average price is $73.08.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2195 per share. The ex-dividend date was Monday, March 3rd.

Vanguard Total Bond Market ETF Company Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.